• HSBC

ASGC wins $300m Nakheel contract

  • United Arab Emirates: Tuesday, October 21 - 2008 at 08:14

Al Shafar General Contracting has won a contract worth Dhs1.1bn ($300m) from Dubai-based developer Nakheel, to construct a mixed residential development in Jumeirah Heights. ASGC will collaborate with consultant, Arenco, on the project which is set for completion in August 2010. Jumeirah Heights will be an urban community with mid-to-low-rise apartments and townhouses giving bird's eye views over nearby water and parklands in New Dubai, according to a press statement.

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